Learn about Square fees
Square’s Fees by Payment Type
Square has simple and transparent pricing. Our best-in-class point-of-sale software is completely free, and you’ll always pay one low rate per card payment, so you can keep more of what you make. Square’s processing fees are deducted before funds are transferred to your linked bank account.
There are no fees for:
Activation
Downloading the Square Point of Sale app
Chargebacks and Dispute management
Square Support
Advanced reporting tools
Account inactivity
PCI compliance coverage
Account takeover protection
End-to-end encrypted payments
Active fraud prevention
Next-business-day transfers
Early termination
Payment processing fees are taken out of the total amount of each transaction, including tax and tip. This fee covers all credit card fees and applies to every card brand at the same rate. The fee is deducted from the total transaction amount and applies to all businesses, including non-profit organizations.
Learn more about how Square processing fees work.
Square fees by payment type
Square processing fees are deducted before funds are transferred to your linked bank account. Here are the payment types you can accept with Square and the associated fees on the total transaction amount:
Your fee will be 2.5% of the total transaction amount for any of the following card-present payment types for credit or prepaid:
Your fee will be 0.75% + $0.07 per transaction for the following card-present payment type:
Tap to Pay on iPhone and Tap to Pay on Android (debit)
Your fee will be 3.3% + 15¢ of the total transaction amount for any of the following payment types:
Your fee will be 2.9% + 30¢ of the total transaction amount for any of the following e-commerce payment types (excluding manually keyed-in or card on file transactions):
You won’t pay any fees for the following payment type:
If you’re using Square Point of Sale to process payments, the app is free to download and your account is free to maintain. Learn more abouthow processing fees work.
*The higher fee for manually entered transactions is due to a greater risk involved with these payments, as neither the payment card nor the cardholder needs to be present for the payment to occur.
Gift Card Fees
With Square Gift Cards, you will pay a 2.5% load fee of the total amount loaded onto the gift card whenever you load or reload a physical gift card or digital eGift card online or in-store. There are no additional fees to redeem Square Gift Cards.
For digital eGift cards you will pay a credit card-not-present processing fee of 2.8% + $.30 for cards sold online through your Square eGift Card order site. If you sell your eGift cards through the Square app, you’ll pay the credit card processing rate based on our standard card processing rates.
Afterpay fees
Square sellers using Afterpay get paid the full amount at the time of purchase, minus a processing fee on the total order. Enabling Afterpay with Square is free—there are no monthly fees or startup costs. You only pay when you make a sale. There are no processing fees charged on the remaining instalments, or if your customer makes a late payment.
Square Invoices: 6% + 30¢.
**Payment processing rates may vary based on plan type. Check your Pricing & subscriptions page in Square Dashboard for rates applicable to your plan.
Custom rates on processing fees
If your annual sales exceed $250,000, contact sales.
View your processing fees by location
Sign in to Square Dashboard and go to Account & Settings > Pricing & subscriptions.
Click the Main account filter box and select the location you want to view processing rates for.
If you don’t see the Main account filter box, scroll down to the Processing Fees section.